Carolina Hurricanes owner considering an offer to sell the team

Soshnick reports the the deal would keep the Hurricanes in Carolina under the new ownership.

The Hurricanes' current owner, Peter Karmanos, has been exploring sale options for a while now.

According to Soshnick, the transaction would be valued at $ 500 million.

Thirteen years into the franchise's stint in Carolina, Karmanos went on record to say, "We'd have to be idiots to move from here", according to ESPN, but it appears a sale could very well be in the works just two years later. He had been publicly seeking a local buyer for at least three years.

In the traditional point of press surrounding the weekend of the stars, the commissioner Gary Bettman has tried to be convincing on this topic by ensuring that the "Canes" will remain in Raleigh, putting a cross on the scenario of a relocation. Bettman said at the All-Star game in January that "the club is not moving" and NHL deputy commissioner Bill Daly echoed that sentiment by saying the league is committed to Raleigh in the same manner it has stuck with Phoenix during years of struggles for the Coyotes.

Could LeBron Ultimately Surpass Kareem?Nov 16, 2016
Many people believe that a player entering the league at age 18 should have a great potential and opportunity to accomplish a lot. There is a number of them who made the jump including Monta Ellis, Josh Smith, J.R Smith, Al Jefferson and Tyson Chandler.